WBD Networks, also known as Discovery, is a privately owned company headquartered in the US. It is a subsidiary of Warner Bros. Discovery. Founded in 1985, it employs approximately 6580 people and reported $17.7B in revenue as of 2025. WBD Networks functions as a global broadcaster and media company, specializing in entertainment products. Its extensive portfolio of brands includes Discovery Channel, HGTV, Food Network, TLC, Investigation Discovery, Travel Channel, MotorTrend, Animal Planet, Science Channel, OWN: Oprah Winfrey Network, the multi-platform JV with Chip and Joanna Gaines called Magnolia Network in the U.S., Discovery Kids in Latin America, and Eurosport, a provider of locally relevant, premium sports and Home of the Olympic Games across Europe. The company was previously known as Discovery, Inc. Its subsidiaries include BluTV, Cable News Network (CNN), Discovery Networks International, Discovery Networks U.S., Eurosport, Motortrend Group, Otter Media Holdings, Play Sports Group, TNT, TNT Sports (BT Sport), TNT Sports (Chile), TNT Sports (US), TVN Warner Bros. Discovery, Turner Broadcasting Systems (TBS), Warner Bros. Discovery Germany, and Warner Bros. Discovery New Zealand.

2025 Revenue

Founded

1985

Headcount

6,573

Headquarters

US

Primary Segment

Entertainment

Ownership

Privately Owned

News Summary:

TNT Sports announced a significant shift in its streaming coverage, indicating an upcoming integration with HBO Max. The broadcaster previously integrated with Discovery+ in 2023, following its replacement of BT Sport in a joint venture between BT Sport and Warner Bros. Discovery in July 2023. This development comes as scrutiny intensifies around the potential $887 million payout for Warner Bros. Discovery CEO David Zaslav, a "golden parachute" linked to the proposed acquisition by Paramount Global, backed by Skydance Media. Previously, on March 20, 2026, U.S. Congresswoman Laura Friedman joined Senator Adam Schiff's Senate Spotlight Hearing to examine threats to the American film and TV industry and its workforce, specifically discussing the proposed Paramount–Warner Bros. merger and potential local job losses.
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Examples of WBD Networks (Discovery)'s suppliers include AI-Media, Xytech Systems and Skyline Communications.

Example Suppliers

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WBD Networks (Discovery) currently holds 14 broadcasting rights for sports competitions including cycling and tennis.

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